Blum Holdings Inc (BLMH)

[pearjammer]

Everyone is getting rich except us the TRTC shareholders.....
https://finance.yahoo.com/news/nevada-selling-recreational-marijuana-record-123100450.html

I mean there were like maybe 25 posts in the forum yesterday. They were posted by the same 5 posters trying to keep peoples interest in the stock, protect the stocks reputation, and keep the dead forum alive lol Its getting pathetic

The daily volume has dropped from something like 70 million to 2.5 - 5.5 million range daily !

The 1 billion shares outstanding and the active toxic financing along with Huge expenses that are greater than revenue have put real investors on the sidelines.

Its actually funny to read the posts " Great time to buy shares" lol while the PPS dropped 48% !

This stock has become a flipping stock....not an investment long term. What a joke.

Hopefully Derek Peterson will shed some light during the 4th quarter Call.

Meeting the 2017 revenue guidance will not pull this stock out of the weeds. They need to consolidate and clean up the numbers...of course at our expense lol

Newbies-> This is just a flipper stock now.

Derek Peterson has these upbeat posters trained well lol

I love how people are posting that .25 is great lol The pps has been .25 ->30 times before lol

You see the whole insider enrichment plan calls for the pps to constantly rinse -> Repeat--> recycle.

To bring in new investors.

The pps will spike from time to time to keep old long term investors with dreams, but really just locks up your money for months to years, where it could be growing elsewhere.

Newbies if you want to know why the PPS is in the dumps for this company, when so many positive goals have already been met, and are in the process of completing?

It is because of the dilution, toxic finances along with expenses > revenue.

Again i say who cares about potential or another underperforming dispensary..lol If the expenses outweigh the revenues !!!

This is why the PPS is so low and there is no interest aside from flippers.

DO your own due diligence. DO not just listen to me, or the 1 line paid promotors on the forum.

Read the finanicals and look into the history of the company.

THE NUMBERS DO NOT LIE, NOR DOES THE PAST HISTORY OF THIS COMPANY. IT IS ALL PUBLIC KNOWLEDGE.

It is true they diluted 500 million shares in the last year or so..

They now have close to 1 billion shares outstanding? and only 80 million left before they consolidate and reset the whole insider enrichment scheme that they all created when working together at the brokerage company?

The pps is .25 steamrolling into March 2018 ? This is 1 year after the holy grail day of NV going recreational live and going on 3 months of CA going recreational live. Which is a joke lol

Up until a few weeks ago THESE INSIDERS WERE STILL TRYING TO DILUTE AND TOXIC FINANCE. THIS IS PROOF THEY DO NOT HAVE SHARE HOLDERS INTERESTS AT HEART AGAIN FOR 2018 ...THATS 4 YEARS IN A ROW. WHEN THEY ARE MAKING MILLIONS OF DOLLARS. THEY WANT EVERYTHING PEOPLE...

Look at the financials and it all points to enrich insiders only .25 ( i keep having to lower this number) pps tells no lies

This why the pps has been in the dumps for almost 4 years - These are signs of management not giving a rats behind about shareholders...hence the now 1 billion OS count maxed out

To get an inside look at TRTC’s reckless dalliance with convertible notes, go no further than its quarterly reports. Its 10-Q for the quarter ended June 30, 2017, notes that “during the six months ended June 30, 2017, senior secured convertible promissory notes and accrued interest in the amount of $8,839,084 were converted into 50,710,473 shares of common stock.”

How bad is the impact of TRTC’s convertible note addiction on common shareholders? The table below, which illustrates the rate at which outstanding shares have increased over the past five years, answers this question.

Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million
Shares outstanding nearing authorized shares of 990 million

In five years, TRTC’s shares outstanding have increased more than tenfold and are now inching dangerously close to its authorized shares of 990 million. This means that going forward there is very limited room for TRTC’s debt holders to convert their debt into new shares. This heightens the prospect that TRTC may default on its debt. In case this happens, shareholders will be first to lose as debt owners will foreclose on the assets. This is the benefit of being a debt holder as opposed to being a shareholder. Debt holders usually have the first claim on a company’s assets in the event of foreclosure.

THIS is this biggest insider enrichment scheme around. Until they consolidate and clean up their numbers and show respect for their shareholders. I would stay on the sidelines and invest elsewhere.

There are better MJ stocks. That you can invest in and double your money quickly, rather than leave it in TRTC purgatory for another year of manipulation.

People on this forum keep turning a blind eye to the financials while-->

Derek Peterson, Amy Almsteier ,Michael Nahass, and Salwa Ibrahim are laughing all the way to the bank.